jain.com

Current ratio

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-26
Promised amount
3.6 x
Current status
stated

The claim, verbatim

Applied Digital reported a current ratio of approximately 3.6x as of its June 2026 balance sheet

Source (primary)

IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗

Quote: “reporting a current ratio of approximately 3.6x as of its June 2026 balance sheet”

How we checked this

Checked on September 28, 2026. The cited source supports every part of this claim.

The article states that Applied Digital reported a current ratio of approximately 3.6x as of its June 2026 balance sheet.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/26/iren-nasdaq-iren-edges-out-applied-digital-nasdaq-apld-as-the-stronger-technology-buy-for-patient-investors/) in full (3,390 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com

Quote: “reporting a current ratio of approximately 3.6x as of its June 2026 balance sheet”

View cached copy (2026-09-26)Live source ↗